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Search Results 0 to 49 of about 147 (some duplicates have been removed)
at losses, big concerns over the solver debt crisis. report in a german newspaper is speculating that england may have to be included the bailout. so the european debt crisis is extending beyond grease, portugal and ireland and potentially italy. this is where we're looking at the european stock markets. off by more than 1% with the paris cac. reasons do with the greek debt crisis. a move away from the partial default. london ftse where banks are affected but not quite so badly as in germany and france up by about quarter of a percent and the losses are 2/3 of a percent for the seger smi. we'll have more of that coming up. >>> in terms of the currency markets, here we are, the main story here is that the euro remains under severe pressure, and i think that currency traders are talking in terms of the picture we've seen in recent weeks on the dollar coming to an end and that the dollar will remain in these kind of circumstances the safe haven currency. so looking at 1.5967. again, the pound under a lot of pressure. the euro, 1.4153 and 80.72. remarket stability for the yen dlafrmt
today? >> this wouldn't be the big deal if this is the only day, but this is day after day the spring into the summer. then let's pile on a top of humidity. that gets to the people and aggravates everyone. this is where the center of the heat is. right over the top of the eastern half of the country with the exception not being up in the great lakes. this is already the heat index. what time is it? it's 10:00. we are at 105 already in louisville. areas of memphis, nashville and st. louis are right behind. the worst has been centered over the ohio river valley and southern indiana. later today, this is my forecast heat index. this is how hot i'm predicting it's going to get. the worst is up here with the dew points at the highest. we are thinking 110 in louisville, 110 in nashville. i've got my money on 115 in memphis as the hottest heat index in the country. it goes from oklahoma city to the east coast. this is one of the first humid days we had from new york to deep, deep baltimore, raleigh. you go down the coast with no exceptions. this is historic in oklahoma city. we now had 13 da
, no. now's the time to go big. get thing done for good. here he was, the president just this morning. >> i will not sign a 30 day or a 60 day or a 90-day extension. that's not an septemberabaccept approach. if it's hard now, how are the guys going to be thinking six months from now in the middle of an election season when they're all up. it's not going to get easier, it's going to get harder. we might as well do it now. pull off the band aid, eat our peas. now's the time to do it. if not now, when? >> brianna at the white house. bring us up to date. are the high stakes talks happening right this very second? >> as we understand it, brooke, these meetings continue here at the white house. president obama with top democrats and republicans in congress. you heard the tone that the president was striking there, like a parent trying to get two kids to share. he's been saying he's bending over backwards, giving up a lot and republicans are not. of course, that is his side of the story. if you were to think of him, he has a favorite child in all of this, right? the democrats. that's his par
and really just ready for a big, big concert. matt? >> i tell you, al, this represents this morning, the motorcade had to actually move these people out of the way. anyway, we'll get back to you in a couple of minutes. >>> meanwhile, there has been a major development in the ongoing budget negotiations. president obama suspended the talks for the today. we'll tell you why and we'll talk to one of the senators who has been inside the negotiating room all week long. >> that's right. and also casey anthony is going to be released this sunday. and -- from prison. authorities are becoming increasingly concerned for her safety and we're live at the jail this morning with details on that story. >>> remember the photo we showed you earlier this week of that massive 18-foot long crocodile, the saltwater croc? a lot of people thought this was a doctor'd photograph. you can believe it's real. we went in search of that beast and we found him. >>> let's begin with that breaking news over night in boston where two delta planes collided. nbc's tom costello covers aviation for us in washington. goo
on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the for
in three weeks the president continued to press for a big deal to raise the debt ceiling and to reduce the deficit by $4 trillion. >> i am still pushing for us to achieve a big deal. but what i also said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payme on deficit reduction. we are obviously running out of time. and so what i have said to the members of congress is that you need over the next 24 to 36 hours to give me some sense of whayour plan is to get the debt ceiling rais through whatever mechanisms they can think about and show me a plan in tes of what you are doing for deficit and debt reduction. if they show me a serious plan, i'm readyo move. even if it requires some toh decisions on my part. and i'm hopeful that over the next couple of days 'll see this long jam broken because the american people i think understandably want toee washgton do its job. >> president obama ruled out a 2.4 trillion plan prosed by house republicans. >> in my expectation is that you will probably see the house vote on
to the start of wall street, u.s. futures to a pretty healthy open. it's in the shadow of the big jobs number out tomorrow. >> indeed. we'll have to see what difference this makes. now, in the u.k., an enormous story, really, that is shaking the government in some ways. certainly putting the prime minister under pressure in parliament. police are theying there will be a full investigation into new hacking allegations, into "the news of the world." it's a sunday newspaper. advertisers are turning their backs on the u.k.'s most popular sunday read. the tabloid stands accused of hacking into the phones of a missing schoolgirl that was later found dead. as well as relatives of the 2005 london bombings six years ago. and the families of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out
bieber. oh, my god! >> what would you do if justin bieber crashed your wedding, the big day, without an invite. the couple with the wedding video everybody is talking about join us here on "gma." >>> good morning, everyone. george is enjoying a little break with the family and our family member, david muir, is back with us. >> crashing your party. >> justin bieber, david muir, the same thing. >> it's not quite the same thing. >> it is. >> nonetheless. >> how about this extreme weather? >> really something, these pictures coming in. >> from phoenix blowing in last night going through right there. that dust storm, and then these temperatures all -- the majority of the country feeling it, david. >> smoke alarms going off because of the heat. then alarms going off here, these are different kinds as team usa is in the house. look at them just arriving moments ago. what a homecoming. >> we're going to really celebrate with them coming up. love to see them here in times square on our home turf. >> huge crowd for them there this morning. >>> we'll begin with the high-stakes drama unfolding a
, they will be arguing for his power to be curbs. there is a big discussion. in the u.s., and they are investigating. tomorrow and the next days and weeks are going to be fascinating in that respect. >> as always, we thank you very much. on to libya now, where rebels have claimed victory in the battle for a strategic town. there are conflicting reports about whether or not they have complete control of the town which has been held since gaddafi -- by gaddafi since march. most of the gaddafi forces are said to be retreating west. rebels say 12 fighters were killed and hundreds wounded. the capture would mark a major rebel breakthrough in their bid to push westward. the foreign ministers of europe have been meeting in brussels to discuss the situation in syria. they are considering a series of measures to resolve the standoff between the president and his opponent. in syria itself, anti-government protests are continuing, and activists are warning of potential civil war in the country. >> syria was top of the agenda in brussels today. eu foreign ministers pressured the president assad to reform or ste
place over here in the uk. this is one division that has the big question mark over it, the publishing division, $997 million in 2010, 22% of operating income for the company. we have "the wall street journal" front cover, they purchased that for $5 billion. you have $200 million coming from the uk. not a game changer but whether this spills over into the other businesses that rupert murdoch owns. the next division, u.s. broadcast networks, they have about 37% penetration into u.s. house holds, this represents 9% of the bottom line, $409 million they have, tv stations scattered throughout the united states, again, does it spill over because of reputation? right now analysts we spoke to on wall street say not just yet, last division here, sky italia here, scott mockridge, it represents 4% of the operation, not a game changer but feeds in. bskyb would have brought in 15% of earnings per share in 2012 if the deal would have gone through, been held off for 12 to 18 months and it may not happen at all. you take a step back from all the numbers i hoad you, $636 million loss, about 14% of the
on the fate of europe's economies. there are plenty that want to and the stranglehold of the big three. >> is not good when the entire world is being governed by three american companies. it would be better if there were more competition. and i would be very keen to see european and asian agencies as well. the situation as it is now is not healthy and we must put and intellect. -- an end to it. >> european lawmakers helped create that unhealthy situation. the european union strengthen the role of credit agencies when it adopted the international banking agreement. the question the wisdom of that move. he helped lay the foundation for the single european currency while at the european commission. he is analyzing the efforts to save the ural -- euro. >> if they are a minimum requirement, the agencies would not be so powerful. >> they are supposed to make the banking system more stable. somehow the people that rate it see things? a small independent ratings agency believes the government should enact increased competition. >> the problem have right now is the regulatory framework lead to
shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hotel bids to find where you n save up to 60% on hotels. * we'll even email you other people's winning bids, so you'll know what price to name. *รก with new hotel bid alerts, from priceline. >>> welcome backing to "american morning." all enemies of india possible suspect this morning after three bomb blasts rocked the country's largest city during rush hour yesterday. 18 people were killed. that's down from 21. and now yesterday, 131 are wounded. officials say these attacks were coordinated by terrorists. but there have been no arrests. india is denying that they were -- missed any warning signs. >> the fac
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
'll keep a close eye on baby jamichael, a big kid. that's it for me on "wake-up call." "american morning" begins right now. >> good morning to you. i'm kiran chetry. a lot going on. let's get you caught up. the end of the line for the "news of the world." the british tabloid shutting down after sunday's edition after new reports that the paper reportedly tried to hack the phones of 9/11 victims. >>> a deal to raise america's debt ceiling still out of reach. talks continue today with the president warning we have ten days left to get an agreement or risk default on this "american morning." >>> and good monday morning to you. start of another week here on "american morning." it is july 11th. nice to see you back. >> great to see you. >> the shuttle went off on the first try. >> i couldn't believe it. we were all thinking the weather was horrible but it went off. can't get the three of us together a whole lot. christine is off. >> summer vacation. >> no deal on raising the debt ceiling. last night talks at the white house fizzled out. president obama making it clear with 23 days to go befor
this big deal, takeover bid by rupert murdoch of british sky here. people don't want to see that deal go through, kyra. >> we'll continue to follow that story. i have a feeling a lot more is going to break, it's just starting to unfold. zain, thanks. >>> trying to broker a deal. in less than two hours from now, he will turn to the public with a news conference. dei dan lothian joins us from the white house. >> reporter: medicare and social security they don't want touched by this deal and on the other side, republicans are saying no tax hikes at all. you're seeing the president using his bully pulpit, if you will, for the second time now in as many weeks, the president holding a press conference, a chance to try to get both sides to sit down and hammer out an agreement and spell out what the consequences will be if that debt ceiling isn't raised by august 2nd. the president, aides tell me, will continue to push for what's being called that bigger deal, up to $4 trillion in spending cuts and also tax hikes. the reason for that is because the president believes that this is the best thing
the markets. >> europe's leaders know they have to get over big political differences if the greek problem is to be solved. >> leaders have to raise above their domestic political agenda, and they will. proposals of the euro group on measures that will risk contagion in your area are you are intelligently needed. >> the fact they are still talking about proposals is surely alarming. this crisis is 18 months old now and investors may be losing patience. matthew price, "bbc news," brussels. >> feels like everyone is losing patience. the ireland situation, junk bond status according to moody. >> yes. the credit rating is now down junk status and by doing these cuts, moody's is doing -- showing that they need to agree and bring in a proper fix for this debt crisis, but it also raise this is discrepancy among the rating agencies. stacey dugard and fitch have ireland raised three notches above jupping status and moody's not only did they downgrade them to junk status but said there could be further doubts come. but the problem for poor ireland, they'll likely be forced to get rid of those bonds,
chat or call without leaving facebook. this is big for facebook. this is not so revolutionary for the users. >> are these the kind people that actually want to have video chat and video conferences? i thought that was more of a work scenario. >> with any audience, this kind of a video chat behavior is for the minority of your interactions because if you are in a certain place, once you introduce visual and audio cues, you have to have a controlled environment. i cannot have a video chat with you while i'm on the bus. this is by definition a rich interface for a minority of your communications. nonetheless, they spoke with like this to happen within facebook and not have you leave facebook and have you use your skype program. >> one thing that seems to be clear is that the business side, this comes in the same week that google has announced its social network is try to take on facebook as well. who was winning that battle? >> if you measure this on sheer numbers, no one touches facebook. during the announcement, they mentioned they have 750 million users. that is a big jump fro
strike the big deal. again, president obama will be speaking the that this morning at about 11:00 eastern time. the man in charge of the country's finances, adding his voice to the debt debate yesterday, treasury secretary tim geithner stressed the urgency of reaching a compromise during a news conference on capitol hill. >> we looked at all available options and we have no way to give congress more time to solve this problem. we're running out of time. the eyes of the country are on us. the eyes of the world are on us. we need to make sure we stand together and send a definitive signal that we're going to take the steps necessary to avoid default and also take advantage of this opportunity to make some progress in dealing with our long-term fiscal problems. we don't have much time. it's time we move. >> secretary guider in's warning comes as a second agency now says the u.s. credit rating could take a hit due to the debt ceiling impasse. >>> let's get an early look at the markets as we get up in your business. cnbc's jeff cutmore is live in london. >> as you imagine, much of the market r
? >> they are being called to testify in parliament. the big story today is that the political parties are all going to get together, go to parliament and they're all agreed to support a motion that rupert murdoch, his bid to acquire bskyb, the cable operator here, should not go through. that is really rare, ali. it's not legally binding. who knows if he'll care or take notice. the other big story making news here is that the senate commerce committee chairman jay rockefeller is calling for an investigation saying, look, if "news of the world" was hacking u.s. citizens and 9/11 victims. he says this should be taken seriously and there should be an investigation. the big topic on that is how much is it going to affect rupert murdoch's empire in the u.s. as well? >> costing a lot of money in the stock. cost the stock about 14%, more than $7 billion since this really thickened about a week ago. let's talk about this former survivor producer facing expedition to mexico on a charge he murdered his wife. >> right. a judge basically said there was enough evidence to send him back to mexico to face trial, r
and those three-month lows for the euro so pretty bleak picture. >>> at the united states a big sell-off on wall street. major averages tumbled, major worries. financial and technology shares were among the biggest losers on monday, bank of america, citigroup, jpmorgan chase and wells fargo all closed roughly 3.5 to 5.5% lower, so really this is touching off fears of a broader financial crisis and don't let's forget the whole situation of the biggest slowdown in the world economy since the 1930s started with the financial crisis and now the worry is with he might go there again. at the close of the play there were triple digit losses for the dow, nasdaq, each closed roughly 2%. painful, pauline. >> let's look at the stock market futures and trading session in the u.s., it's right across the board as well, here's where the u.s. futures stand in premarket action the dow poised to open down by almost 1%, about the same amount for the nasdaq. the nasdaq ended monday's session down 2%, so that's not good news there. also the s&p 500 poised to start the session on tuesday down by 1.25%. we
, it could be too big to fail. >>> nina, we're also seeing investors flee to the safe haven of the yen. it has broken that 80-yen mark but weakening just slightly from yesterday at 79.63. china announced a higher than expected gdp figure for june which eased worries about an abrupt slowdown in the economy. but the debt crisis in europe is still keeping many investors on the sidelines. ramy inocencio is here with a look at asia's closing numbers. >> the gains across the region were pretty good yesterday. the meek kay closed up .4%. credit suisse gave them on out performed rating over here in hong kong, the hang seng closed up a little over 1% here. that's off its worst two-day decline in 17 months. the catalyst here was that better-than-expected gdp number out of the chinese main land. on the mainland the gdp number was 9.5% for june. what was expected was 9.4%. with that the composite rose 1.5%. that was helped by good news from agricultural bank of china after saying its first half net profit would rise by nearly 50%. going down under, the asx rose nearly half a percent. that was prop
of the new session, the big numbers, the nonfarm payrolls out friday. i think the data that more people watch around the world's financial markets than anything else. economists we have been speaking to forecast a gain of 125,000 jobs, plus 125,000 jobs in the month of june. however, that is not enough, because the consensus is that under the present circumstances the united states economy needs to create 150,000 to 200,000 jobs every months, and that's just to keep pace with population growth. so demographics, demographics, demographics. let's look at where the u.s. futures stand in the pre-market action. slightly mixed. broader market off a bit. but the good news is both the dow and the nasdaq are looking right now for gains of around about a tenth of 1%. andrew? >>> now, top u.s. politicians gathered at the white house trying to beat a looming deadline to raise the nation's borrowing limb. but it's hardly a meeting of minds. and nasa is fueling up "atlantis," hoping to launch the final shuttle flight in a few hours from now. but there's one thing that could still get in the way. welcome. i
. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to hire andy colson who was later arrested as part of the investigation into the phone hacking. this is something that was brought up yesterday in the hearings and it turns out that his chief of staff actually warned the british police not to brief the prime minister on these phone hacking issues. lawmakers today are clearly going to try to get to the bottom of this as you can imagine from the opposition labor party. >> david cameron said he didn't know about this either. thanks so much. >> it's going to be hard to top the intensity of what happened yesterday. the theater of yesterday's phone hacking hearings. two hours after telling parliament it was the most hufble day of his life, rupert murdoch took a pie in the face. a 26-year-old man armed with a pie full of shaving cream nails rupert murdoch from behind saying you greedy billionaire and it didn't take long for murdoch's wife there, leapt to her husband's defense. she tried to clock the guy
or not the italian banks have enough cash on their balance sheets. we've seen quite a big turn-around in the market. many stocks opening lower by as much as 5% to 10% and now trading in positive territory after the finance minister, the economy minister is heading back to rome from brussels and will be looking at the austerity measures and pushing them through. >> we know yesterday the dow down 151 points, the biggest drop in over a month. thanks so much for bringing us up to speed, we appreciate it. >>> else where, hundreds of syrian government protesters stormed the u.s. and french embassies in damascus, the protesters smashing windows and spray-painting walls with obscenities aimed at the american ambassador. guards at the french embassy fired into the air to ward off the demonstrators there. some warning shots. the violence and tension follow as visit by the american and french ambassadors to the city of hama, stronghold of opposition to the president. during a joint press conference at the state department, secretary of state hillary clinton warned assad about inciting future attacks. >> presi
points of a plan-- no details. but what we can probably gather from this plan-- it has big tax increases in it and all the spending cuts will happen in the out years. well, how many times do politicians think they can pull that one over on the american people? >> reporter: the split among republicans made it difficult for party leaders to determine just what might pass the house. whatever it turns out to be, it still must be acceptable to senate democrats and ultimately to the president. this morning, the senate's majority leader democrat harry reid challenged house speaker john boehner to take matters in hand. >> right now, i'm at a point where we need to hear from the house of representatives. we've planned to go forward over here, but until we hear from the house all our work is for naught. i await word from the speaker. >> reporter: in the meantime, there's general agreement that translating the complex gang of six plan into legislation and votes before august second, is likely unrealistic. that could put the short-term emphasis back on a senate backup plan to let the president raise
>>> good day. i'm in for con tesz ya brewer. we're covering the big news from coast to coast. the hot topic is just that. we're talking about the sorching summer heat. >> beautiful weather out there if you love heat and humidity. today will be the hottest and most humid day of the summer. >> today? >> look at the numbers. right up into the triple digits. >> dallas has been baking in 100 degree temperatures for ten straight days. >> horrible. horrible. >> near hudson, texas, it's not the heat or the humidity, that's the drought. >> oouf never seen it like this. >> across the south temperatures are soaring and water levels are sinning. it's so bad a south georgia man is sharing the water from his pool. >> we're carrying buckets of water back and forth to the neighbors. >> in the midwest oppressive heat claimed one life. a man found dead inside his mobile home on sunday, the air conditioner wasn't working. >> this is oppressive and dangerous heat affecting more than 20 states and more than 90 million people. >> there are heat advisories or warnings in 24 of the 48 lower states.
are telling us about an accident in the south bay. >> nasa right. we have a jackknifeed big prig -- that's right we have a jackknifed big rig. the fire department is actually unloading the contents and putting it into another it truck so it won't spoil. you can see the congestion as a result, if we could pan off to the right there. we can see that people are slowing down. they are stopping to take a look. so it's causing some congestion in the morgan hill area. all right. let's head to pleasanton right now. this is over interstate 680 where we have metering lights doing a test-run. this is between pleasanton and dublin. right now, the lights are all green. and this is to get folks used to the fact about the lights. here's a six-car crash. look at this backup. this is on 0 westbound at highway 4. a tow truck is on the scene but you can see the damage has been done. the backup is pretty extensive. this will probably last for at least the last half-hour or so. if i were you, i would try to avoid 80 westbound. >>> on this monday, patchy fog at bast f there's not a lot out there. there's rain
Search Results 0 to 49 of about 147 (some duplicates have been removed)

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